Metro Bank Regulatory News (MTRO)

23 December 2019

Legal Entity Identifier: 213800X5WU57YL9GPK89

METRO BANK PLC

BOARD CHANGES

Metro Bank plc today announces the appointment of Sally Clark as a new Independent Non-Executive Director with effect from 1 January 2020.

Most recently, Sally was Chief Internal Auditor at Barclays plc where she was responsible for driving the vision and strategy for the internal audit function, and she also championed diversity initiatives across the bank. Prior to her time at Barclays, Sally held senior positions in risk and audit with Royal Bank of Scotland and JP Morgan. She brings significant banking and risk management experience to the Metro Bank Board.

Metro Bank plc also announces that, after 10 years on the Board, Alastair 'Ben' Gunn will step down as Deputy Chairman and Non-Executive Director with effect from 31 December 2019. The Board wishes to thank Ben, as a founding Non-Executive Director, for his significant and sustained contribution to the bank during his tenure.

Commenting on the changes, Sir Michael Snyder, Metro Bank Chairman said: "Sally brings deep retail banking expertise that will be invaluable to Metro Bank as we enter the next chapter for the bank. She is a great addition to the Board and I look forward to working with her. I would also like to thank Ben for his service and commitment since Metro Bank's inception."

Sally Clark added: "Metro Bank has proven itself as a challenger bank committed to bringing something different to banking and really delivering for its customers. I'm very much looking forward to joining the Board as we focus on the bank's future plans and delivering long-term sustainable growth."

The Board continues its proactive search for additional independent NED candidates and Metro Bank expects to make further appointments next year.

ENDS

Enquires

For further information on this announcement, please contact:

Metro Bank PLC

Investor Relations

Jo Roberts

+44 (0) 20 3402 8900

IR@metrobank.plc.uk

Media Relations

Tina Coates / Abigail Whittaker

+44 (0)7989 876136

pressoffice@metrobank.plc.uk

Teneo

Charles Armitstead / Haya Herbert‐Burns

+44 (0) 7703 330269 / +44 (0) 7342 031051

Metrobank@teneo.com

About Metro Bank

Metro Bank is the revolution in British banking. It is celebrated for its exceptional customer experience and achieved the top spot in the Competition and Market Authority's Service Quality Survey among personal current account holders for its overall service and came second among business current account holders in August 2019. It was also awarded 'Best All Round Personal Finance Provider' at the Moneynet Personal Finance Awards 2019. It is also recognised by Glassdoor in its 'Best Place to Work UK 2019' top 50 list. Offering retail, business, commercial and private banking services, it prides itself on using technology to give customers the choice to bank however, whenever and wherever they choose. Whether that's through its growing network of stores open seven days a week, from early in the morning to late at night, 362 days a year; on the phone through its UK-based 24/7 contact centres manned by people not machines; or online through its internet banking or award-winning mobile app: the bank offers customers real choice. The bank employs around 3,900 colleagues and is headquartered in Holborn, London. Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. 'Metrobank' is the registered trade mark of Metro Bank PLC. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.

Most relevant deposits are protected by the Financial Services Compensation Scheme. For further information about the Scheme refer to the FSCS website www.fscs.org.uk.

All Metro Bank products are subject to status and approval. Metro Bank PLC is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name.